Riskpilot← Back to searchSign inGet full accessTrue North Designs ApS
APSDissolvedCVR 37004871Papirfabrikken 28Manufacture of furniture · NACE 3100Est. 20152 employees
Revenue 2024
DKK 1,4M
+3% vs 2023
EBITDA margin
100.0%
+3% vs 2023
Equity ratio
76.8%
Financial strength
Net profit 2024
DKK 1,1M
+2% vs 2023
| Revenue | DKK 1,4M | +3% |
| EBITDA | DKK 1,4M | +3% |
| Net profit | DKK 1,1M | +2% |
| Total assets | DKK 3,1M | +52% |
| Equity | DKK 2,3M | +89% |
| Employees | 2 | — |
Legal name
True North Designs ApS
CVR number
37004871
Legal form
Anpartsselskab
NACE code
3100 · Manufacture of furniture
Founded
24. august 2015
Share capital
DKK 62.500
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af direktionen.
Address
Papirfabrikken 28
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | -76 | 9 | 1 | 92 | 519 | -379 | 1.025 | 1.398 | 1.443 |
| Staff expenses | -0 | -0 | -0 | -0 | -210 | -613 | -78 | -0 | -0 |
| EBITDA | -76 | 9 | 1 | 92 | 309 | -992 | 946 | 1.398 | 1.443 |
| Depreciation & amort. | -2 | -7 | -7 | -6 | -18 | -55 | -9 | -9 | -9 |
| EBIT | -78 | 2 | -6 | 87 | 291 | -1.048 | 937 | 1.389 | 1.433 |
| Net financials | -27 | -38 | -49 | -56 | -53 | -57 | -11 | -2 | -26 |
| Profit before tax | -105 | -36 | -55 | 31 | 238 | -1.104 | 925 | 1.387 | 1.408 |
| Tax | -16 | -7 | -11 | 8 | 49 | -18 | -21 | 305 | 304 |
| Net profit | -89 | -29 | -44 | 22 | 189 | -1.087 | 946 | 1.082 | 1.104 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 418 | 566 | 1.663 | 1.584 | 1.793 | 1.422 | 2.429 | 2.009 | 3.055 |
| Equity | -39 | 133 | 89 | 111 | 300 | -786 | 160 | 1.241 | 2.346 |
| Long-term debt | 0 | 0 | 105 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 456 | 434 | 1.470 | 1.473 | 1.475 | 2.208 | 2.269 | 757 | 701 |
| Total debt | 456 | 434 | 1.574 | 1.473 | 1.475 | 2.208 | 2.269 | 757 | 701 |
EBITDA margin
100.0%
This company
15.8%
Market median
+533% vs market
20162024
Equity ratio
76.8%
This company
38.2%
Market median
+101% vs market
20162024
Return on equity
47.1%
This company
18.4%
Market median
+156% vs market
20162024
Net profit margin
76.5%
This company
8.1%
Market median
+844% vs market
20162024
Asset turnover
0.47×
This company
1.12×
Market median
-58% vs market
20162024
Debt / equity
0.30×
This company
0.62×
Market median
+52% vs market
20162024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2015-08-24 – 2016-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MB Management | Management | 2017 | — | — |
MØ Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2022 | |
| Individual | 33.3% | 33.3% | 2015 | |
DODONA Holding Aps | Company | 100.0% | 100.0% | 2020 |
| Individual | 33.3% | 33.3% | 2015 | |
Buus Willer Holding ApS | Company | 20.0% | 20.0% | 2017 |
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No registered parent or subsidiaries
Board members of True North Designs ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Buus Willer | Management | 0 companies |
| Michael Østergaard | Chief Executive Officer | 0 companies |